Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money laundering charge

Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money laundering charge SEATTLE (AP) — The founder of Binance, the world’s largest cryptocurrency exchange, pleaded guilty Tuesday to a felony charge that he failed to take steps to prevent money laundering as the company agreed to pay more than $4 billion following an investigation by the U.S. government. CEO Changpeng Zhao pleaded guilty to one count of failure to maintain an effective anti-money-laundering program in federal court in Seattle. …